$403,888
SOLD AUG 30, 2012

1115 E Hemlock St Othello, WA 99344

-- Bed
-- Bath
6,660 Sq Ft
0.32 Acres

Recently Sold

$61 Per Sq Ft

15% Below List Price

375 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • Corner Lot

About This Home

As of August 2019

Income property that is fully rented with a waiting list. 4 2-bedroom units and 6 1-bedroom units plus a coin operated laundromat to offset utility expenses. A great investment that will beat the sox off bank rates and is much safer than the stock market. Don't let this opportunity get away. Call today to schedule a showing.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,616

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 6,660 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

  • Mcfarland Jnr Middle School
  • Othello High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Othello Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 & 12 / 156
  • Assessor Parcel Number 1529030715611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,616

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1970
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 6660
  • Special Features: None
  • Cumulative Days on Market: 864

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Avista Utilities
  • SewerCompany: City of Othello
  • WaterCompany: City of Othello
  • WaterSewerGarbage: 5621

Fee Information

  • Annual Fuel Expense: 233

Schools

  • Junior High Dist: Othello
  • High School: Othello High
  • Middle Or Junior School: Mcfarland Jnr

Lot Info

  • Parcel Number: 1529030715611
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • ZoningClass: Commercial,Multi-Family
  • LotNumber: 11 & 12

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 766
  • LeasedItems: None
  • TotalMonthlyIncome: 6326

Multi Family

  • Gross Scheduled Income: 61980
  • Net Operating Income: 48525
  • Number Of Units Total: 10
  • Electric Expense: 125
  • Insurance Expense: 1220
  • Leasable Area: 6660
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2010
  • Tax Annual Amount: 4616

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $696,000 0.0% $159 / Sq Ft
08/30/2019 08/30/19 For Sale $696,000 +72.3% $159 / Sq Ft
08/30/2012 08/30/12 Sold $403,888 -15.0% $61 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/27/2011 05/27/11 For Sale $475,000 -- $71 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 228456

Northwest Multiple Listing Service (NWMLS)

APN: 1-529-03-071-5611